Oil rebounds by almost 5% on Omicron hopes, Iran talks
NEW YORK (REUTERS) – Oil prices climbed by nearly 5 per cent on Monday (Dec 6) on hopes the Omicron coronavirus variant would have a less damaging economic impact if […]
New lawyer for bus drivers tells court they are continuing with lawsuit against SBS Transit
SINGAPORE – Lawyer Lim Tean, who has taken over the case of 13 bus drivers suing SBS Transit over overtime pay, told the High Court on Monday (Nov 29) that […]
S&P 500, Dow close at new highs as Facebook starts heavy earnings week
NEW YORK (REUTERS) – The Dow Industrials and S&P 500 closed at record highs on Monday (Oct 25), as earnings season kicked into high gear in one of the heaviest […]
Chinese property developer Fantasia misses debt payments
NEW YORK (BLOOMBERG) – Another Chinese developer fell into crisis on Monday (Oct 4) after failing to repay a maturing bond, adding to the strains of the nation’s heavily leveraged […]
French investigators probe former Renault-Nissan chief Ghosn in Lebanon
BEIRUT (AFP) – French investigators interrogated former Renault-Nissan boss Carlos Ghosn on Monday in Lebanon, where he has sought refuge since a dramatic escape from Japan, a court source said. […]
Swabbing underway at Changi Airport after 8 staff test positive for Covid-19
SINGAPORE – Staff turned up at Changi Airport on Monday morning (May 10) for a special Covid-19 testing operation for about 9,000 workers, to find hidden cases. This comes after […]
Man on trial for alleged non-consensual sexual act on couch-surfing male tourist in 2019
SINGAPORE – A man is on trial after he allegedly performed a non-consensual sexual act on a male tourist who was couch-surfing in his home in 2019. Now in remand, […]
Wall Street ends lower with Washington turmoil, earnings in view
NEW YORK (REUTERS) – Wall Street’s main indexes closed lower on Monday (Jan 11) as investors took some profits after last weeks’ records while they waited for earnings season to […]
Oil tumbles as new virus strain revives demand fears
LONDON • Oil prices dropped almost 2 per cent yesterday to below US$50 a barrel, adding to losses from the previous session, as a new coronavirus strain in the United […]
Oil gains nearly 3% on vaccine hopes, even as nations reimpose lockdowns
NEW YORK (REUTERS) – Oil ended nearly 3 per cent higher on Tuesday (Nov 10) as hopes that a Covid-19 vaccine is on the horizon outweighed worries about a drop […]